Posted by gohku > 2020-04-15 19:36 | Report Abuse

Wrong way bcos u have taken into account of seasonality.

Like Christmas sales in month DEC will be definitely higher than the month of November, like that u cannot see the trend.

It must December christmas 2019 sales v December 2018 christmas sales to see the actual growth

Posted by t_nike2002 > Apr 15, 2020 7:30 PM | Report Abuse

@gohku
this is the right way to see the latest trend of its business of the latest quarter to quarter.

Posted by gohku > 2020-04-15 19:38 | Report Abuse

Always compare apple v apple.

If compare apple v orange not that right.

Posted by t_nike2002 > 2020-04-15 19:42 | Report Abuse

@gohku

Also for your info, even if we take into account the business seasonality that you are talking about.

So let’s compare 2018/9 Qtr with 2018/12 Qtr..
During those preceding past quarters in 2018, their revenue increased by 8.5% qoq...

But for the same quarters in 2019 the revenue deteriorated 7.52%... so still adverse

Posted by t_nike2002 > 2020-04-15 19:44 | Report Abuse

So based on your business seasonality concept, they performed worse too

Posted by t_nike2002 > 2020-04-15 19:45 | Report Abuse

In financial analysis, you have to always focus on the latest business trend.. and not cherry pick only on positive info and ignore the tell tale signs..

Posted by Gemstar > 2020-04-15 20:00 | Report Abuse

@t Nike now is year 2020 come on lah ppl look forward not backward!SCOMNET's earnings have grown significantly by 53.8% per year over the past 5 years.

Posted by t_nike2002 > 2020-04-15 20:07 | Report Abuse

Uncivilised promoter’s comment not worth my commentary.
At least @gohku comment has good points with facts from varies angles.

Posted by t_nike2002 > 2020-04-15 22:15 | Report Abuse

As warned Previously on: Apr 14, 2020 10:37 AM |

Unfavourable announcements expected to be coming out from US and China this Weds and Fri... Becareful...


Current news:

Stocks Tumble After Gloomy Earnings, Economic Data: Markets Wrap
Updated on April 15, 2020, 9:38 PM GMT+8

Stocks slumped as sour results from big banks and miserable economic data added to concern over a severe global recession. The S&P 500 Index trimmed a rally from its March lows.. The S&P 500 Index sank 2.2% to 2,784.36 as of 9:33 a.m. New York time. Both earnings and economic data highlight the brutal impact of the economic stoppage designed to combat the coronavirus pandemic. U.S. retail sales tumbled in March by the most on record while factory output had the biggest plunge since 1946.

https://www.bloomberg.com/news/articles/2020-04-14/asia-stocks-set-for-modest-gains-u-s-shares-rise-markets-wrap?srnd=premium-asia


More volatility to come... Save your bullets and look out for opportunity during down time instead of listening to Hardcore Promoters who'll ask you to buy all the time for their own benefit...

Posted by SideIncomer > 2020-04-16 15:18 | Report Abuse

on boad today , hope not too late = ) good luck guys

Posted by Gemstar > 2020-04-16 16:16 | Report Abuse

(^^) good luck

Posted by Gemstar > 2020-04-16 16:43 | Report Abuse

So who the hardcore promoter that push this stock up today... :)

Posted by klee > 2020-04-16 17:00 | Report Abuse

this nike shoe salesman better go sell shoes and talk less,hahaha

Posted by erkongseng > 2020-04-16 17:09 | Report Abuse

https://m.facebook.com/story.php?story_fbid=2535291403386456&id=1520891084826498

Posted by benyeoh59 > 2020-04-16 17:32 | Report Abuse

Buy the warrants, better?

Posted by yeoqian > 2020-04-16 17:48 | Report Abuse

must thank nike, without his negative inputs , how to collect before it move up? :P

Posted by klee > 2020-04-16 17:57 | Report Abuse

yeoqian,you are captain of this ship.

Posted by LiimInvest > 2020-04-16 23:35 | Report Abuse

Wow

Posted by lancefire > 2020-04-17 11:18 | Report Abuse

I might be wrong, but looking at the buying this morning, I think something is cooking up again

Posted by Gemstar > 2020-04-17 11:51 | Report Abuse

Sharing not hardcore promoter;)

KLSE:SCOMNET Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11.0%
Perpetual Growth Rate 10-Year MY Government Bond Rate 3.4%
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KLSE:SCOMNET
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year MY Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 7.0%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = 0.33 + [(0.66 * Unlevered beta) * (1 + (1 - tax rate) (Debt/Market Equity))]
= 0.33 + [(0.66 * 1.127) * (1 + (1 - 24.0%) (0%))] 1.085
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm) 1.085
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.42% + (1.085 * 6.96%) 10.97%
Discounted Cash Flow Calculation for KLSE:SCOMNET using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Supercomnet Technologies Berhad is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

KLSE:SCOMNET DCF 1st Stage: Next 5 year cash flow forecast
Levered FCF (MYR, Millions) Source Present Value
Discounted (@ 10.97%)
2020 32.13 Est @ 49.4% 28.96
2021 43.58 Est @ 35.61% 35.38
2022 54.88 Est @ 25.95% 40.16
2023 65.42 Est @ 19.19% 43.13
2024 74.88 Est @ 14.46% 44.49
2025 83.22 Est @ 11.15% 44.56
2026 90.57 Est @ 8.83% 43.7
2027 97.1 Est @ 7.21% 42.21
2028 102.99 Est @ 6.07% 40.35
2029 108.43 Est @ 5.28% 38.28
Present value of next 5 years cash flows MYR401
KLSE:SCOMNET DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value FCF2029 × (1 + g) ÷ (Discount Rate – g)
= MYR108.427 x (1 + 3.42%) ÷ (10.97% - 3.42% ) MYR1,484.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
MYR1,485 ÷ (1 + 10.97%)10 MYR524.1
KLSE:SCOMNET Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MYR401 + MYR524 MYR925.1
Equity Value per Share
(MYR) = Total value / Shares Outstanding
= MYR925 / 643 MYR1.44
KLSE:SCOMNET Discount to Share Price
Calculation Result
Value per share (MYR) From above. MYR1.44
Current discount Discount to share price of MYR0.78
= -1 x (MYR0.78 - MYR1.44) / MYR1.44 46.1%

Posted by gohku > 2020-04-17 12:12 | Report Abuse

Thats why i say nike comment on scomnet as a growth stock missed the mark.

Scomnet is a growth stock..

It always u compare apple v apple.

U compare same qtr v qtr last year.

U compare this year v last year

All shows growth . The share price move upwards.

ohku Wrong way bcos u have taken into account of seasonality.

Like Christmas sales in month DEC will be definitely higher than the month of November, like that u cannot see the trend.

It must December christmas 2019 sales v December 2018 christmas sales to see the actual growth

Posted by t_nike2002 > Apr 15, 2020 7:30 PM | Report Abuse

@gohku
this is the right way to see the latest trend of its business of the latest quarter to quarter.
15/04/2020 7:36 PM
X
gohku Always compare apple v apple.

If compare apple v orange not that right.

Posted by yeoqian > 2020-04-17 12:21 | Report Abuse

@gemstar

steady..

But the 3.4% mgs 10y rate seems a little toppish, though it has rallied from the its recent peak..

if adjust rf rate lower, say to 2.90% , what will happen?

Posted by BobLimm > 2020-04-17 17:18 | Report Abuse

Dividends announcement!!

Please be informed that the Board of Directors of SUPERCOMNET TECHNOLOGIES BERHAD has on April 17, 2020, proposed the following Dividends for the year ended December 31, 2019 to be approved by its shareholders at the forthcoming Thirtieth Annual General Meeting of the Company:-

A Special Single Tier Dividend of 0.5 sen per share; and
A Final Single Tier Dividend of 1 sen per share.
However, the entitlement date and date of payment of the aforesaid dividends have yet to be finalized at the moment.



This announcement is dated April 17, 2020.

Posted by Gemstar > 2020-04-17 18:31 | Report Abuse

@yeoqian
My friend share to me... and told me to hold ;)

Posted by Gemstar > 2020-04-17 18:33 | Report Abuse

good news to scomnet kaki..

Posted by erkongseng > 2020-04-18 14:00 | Report Abuse

scomnet
0001
的历史最高本益比(Pe)为36倍
目前EPs=2.9sen*36=RM 1.04
配合转主板，派息1.5仙，公司业务，净利成長等利好，買在股价未爆发前(76仙)
个人分享，只供参考。

Posted by erkongseng > 2020-04-18 14:03 | Report Abuse

68仙投资：
0001 scomnet
--公司于31/12/2019的定存与现金达4614 万
库存为1887万
Profit margin%:15.3
Roe%:9
--技术面向好。
呈双牛走势，逢低进入。
合理价：98仙
--非常时期只買利好股，须求强股项，无负面消息股。
--主力仍控盤75%以上，盘整完将继续向上，基本面住，配合转主板与行业前景看好下，買入与守住为市良策。
--超美的双牛走势，200天均价75仙破，一路向北。有冠状主题的明星股，基本医疗所須。
scomnet
0001
的历史最高本益比(Pe)为36倍
目前EPs=2.9sen*36=RM 1.04
配合转主板，派息1.5仙，公司业务，净利成長等利好，買在股价未爆发前(76仙)
个人分享，只供参考。
想信就有
82sen
90
1.08

Posted by zhangliang > 2020-04-18 14:27 | Report Abuse

Agreed

Posted by lancefire > 2020-04-18 18:55 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/17/scomnet-declares-15-sen-dividend

Posted by mf > 2020-04-18 19:09 | Report Abuse

https://www.hmetro.com.my/utama/2020/04/568312/covid19-penghantar-makanan-akan-disaring

Posted by LiimInvest > 2020-04-18 23:28 | Report Abuse

Up up up

Posted by BBVS > 2020-04-20 01:49 | Report Abuse

Hi can someone please explain how the dividends are calculated . Newbie here . Holding 11500 shares in Scomnet . tqvm

Posted by erkongseng > 2020-04-20 09:28 | Report Abuse

11.5*15=rm172.5

Posted by calvinfong_them > 2020-04-20 13:36 | Report Abuse

Last year even got bonus issue (1 : 3) before bonus issue, share price gone up to Rm1.08

Posted by BBVS > 2020-04-20 15:20 | Report Abuse

erkongseng tqvm

Posted by t_nike2002 > 2020-04-21 10:44 | Report Abuse

Where is the hardcore promoters like @gemsh...? So quiet now...

Posted by Xcalibre > 2020-04-21 11:11 | Report Abuse

More of @gemshi* rather than @gemstar....

Posted by Xcalibre > 2020-04-21 11:19 | Report Abuse

@gemshi* must be burying his head in the sand like ostrich now...

Posted by INVEST_AA > 2020-04-21 11:33 | Report Abuse

Lesson is don't just listen to those who sell positive news only and ask you to buy all the time...

Also there are also those who only portray distorted analysis by looking at positive figure trend only and Ignoring the negative trend of the figures...

Posted by lancefire > 2020-04-21 11:37 | Report Abuse

Invest_aa and xcalibre just created account and leave comment here for the first time? So weird

You guys are not the same person right? Cause the language sounds similar

Posted by INVEST_AA > 2020-04-21 11:45 | Report Abuse

What on earth are you talking about? @lancefire
This is another way people try to divert attention from their calls...

Posted by lancefire > 2020-04-21 11:47 | Report Abuse

Uhuh. Sure

Posted by INVEST_AA > 2020-04-21 11:55 | Report Abuse

Nice try @lancefire...

Posted by Gemstar > 2020-04-21 12:00 | Report Abuse

Hai bro still alive lol ;)

Posted by Gemstar > 2020-04-21 12:01 | Report Abuse

Hai Nike shoe seller today so free ah... market drop u baru come to kecam eh... ppl win money Liao u baru Datang

Posted by Gemstar > 2020-04-21 12:06 | Report Abuse

Posted by Xcalibre > Apr 21, 2020 11:11 AM | Report Abuse

More of @gemshi* rather than @gemstar....


Xcalibre
2 posts
Posted by Xcalibre > Apr 21, 2020 11:19 AM | Report Abuse

@gemshi* must be burying his head in the sand like ostrich
Why mau to bury head to sand... all drop ma.. only scomnet counter drop saja meh ...
@x calibra green u tak datang kecam...

Posted by Gemstar > 2020-04-21 12:14 | Report Abuse

Where is the hardcore promoters like @gemsh...? So quiet now...
Bro apa stock you buy give some recommend leh ,why u rindu saya izit ;)

Posted by Xcalibre > 2020-04-21 12:50 | Report Abuse

I can see @lancefire and @gemstar often appear together and comment at similar timing and always selling positive news with the same style of commentary...

Hmmm.. high possibility that they are the same person behind...?

Posted by lancefire > 2020-04-21 13:06 | Report Abuse

Not gonna engage in some pointless online argument like I've mentioned before.

Posted by Gemstar > 2020-04-21 13:08 | Report Abuse

halo xcalibra see our commentlah same person... our comment all tak sama counter... stupid to the max ... ops sorry I beg tahan Liao...u and your twins invest AA terus come to scomnet counter to attack ... kids also know lo... tiruan capAA

Posted by Gemstar > 2020-04-21 13:16 | Report Abuse

@lancefire ;) tak mau layan them ... make sure our counter Heng Ong huat :)